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Q1. Liliana sells DVD's. It costs her $40 an hour to keep the store opem, $500 for monthly rent, and $3 an hour for electricity. How many DVD's will she have to sell to keep the store open for an extra hour to make profit, if each DVD is $12?
Q2. Someone paying $800 to fly from one city to another instead of paying only $100 for a bus trip between the two cities is making an irrational choice and is thus not maximizing his utility. Is this true, Explain?
The people of Aquilonia deposited half of their currency into the banking system. If banks do not hold excess reserves
assume which the benefit to the villagers of each additional cow grazing on the commons declines as more cows graze
If amazon.com's revenue increased after it cut the price of books, dvds, and blu-rays what must be true about the price elasticity of demand for ordering these goods online?
What were there reason why IMB lost it advange over the computer world.
What are the tools available to the federal government to implement fiscal policy. If you had the ear of the U.S. president, what advice would you give for the direction of U.S. fiscal policy.
Illustrate what happen if her actual disposable income is $16,000, her level of consumption or saving will be.
How much is the uniform annual revenue in years 2 through 5 to achieve economic equivalence if the company decides to use MARR.
Assume that the level of GDP increased by $100 billion in a private closed economy where the marginal propensity to consume is 0.5. Aggregate expenditures must have increased by.
A firm has a fixed cost of $200 in its first year of operation. When the firm produces 99 units of output, its total costs are $4,000. The marginal cost of producing the 100th unit of output is $700. What is the total cost of producing 100 units?
Suppose the demand for pizza is given by Q=40-2P and the supply of pizza is given Q=P-8. if the price of pizza is $19, Illustrate which of the subsiquent is true.
Utilize this concept to construct an example in which a risk-averse individual prefers a gamble to a certain amount of money.
What is the average time that catalog customers must wait before their calls are transferred to the order clerk? What is the average number of callers waiting to place an order?
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